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A Chicago company is taking a matchmaking-type approach to pairing women with financial advisers using a psychological assessment tool. DyMynd founder and former floor trader Carolyn Leonard is leading the company through a pivot that will produce a new tool geared toward women and other underrepresented groups. Leonard said she is developing partnerships with two large financial institutions, one of which will join DyMynd in a pilot of the revamped personality survey this summer. “We’re a psychological assessment tool for the financial services industry to better engage diverse people,” Leonard said. Her goal is to get DyMynd’s tools into the hands of...

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A Chicago company is taking a matchmaking-type approach to pairing women with financial advisers using a psychological assessment tool.
DyMynd founder and former floor trader Carolyn Leonard is leading the company through a pivot that will produce a...

Northbrook Bank & Trust is hosting one free financial program during Money Smart Week®, April 5-12, 2014. All Money Smart Week® events are open to the public at businesses, financial institutions, schools, libraries, nonprofits and...

SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday.
SunTrust, the...

Almost 11 months after an ordinance took effect to protect tenants in foreclosed, repossessed rental buildings within Chicago, no enforcement tickets have been issued or fines assessed against building owners.
One reason is that some of the banks...

The Niles Public Library presents a 4-week series about enhancing skills and creating positive banking relationships called Money Smart. Sessions are Thursdays starting May 9 from 10:30am-12pm at the Niles Public Library.
Topics include a description...

A former supervisor at the Federal Reserve Bank of Chicago was sentenced Thursday to five months of confinement at a work-release facility for stealing computer files containing confidential bank information on his last day of work two years ago.
U.S....

The first Honda Fit rolled off the assembly line Friday at a new $800-million factory near Celaya, Mexico, a symbol of the growing might of the country's auto industry.
Honda's U.S. factories spit out hundreds of thousands of Accords and Civics each...

In the historic Golden Dome field house in Garfield Park, bank executives and charity leaders gathered in August to trade hugs and self-congratulatory speeches.
Nonprofit groups on the West Side were helping restore communities by renovating homes...

Do you ever find yourself yearning for the kind of service you got at the financial institutions of your youth? Do you miss the personal attention, local focus and less frequent fees that characterized those long-ago institutions?You may be able to find...

In Wednesday's Tribune I debate the 2012 presidential race with conservative activist Chris Robling, a WGN-TV commentator and former executive director of the Cook County Republican Party. To Chris, from Eric: On the first night of the recent Republican Nation

Friday's print column Becky Carroll, a (Chicago Public Schools) spokeswoman, argued that big classes don't necessarily hamper learning. "It's the quality of teaching in that classroom," Carroll said. "You could have a teacher that is high-quality that could ta

Unfortunately, when it comes to Internal Revenue Service publications, you can't always depend on what they say. In a recent ruling about individual retirement account (IRA) rollovers, a tax court judge commented, "Taxpayers rely on IRS guidance at...

This post has been updated with information from an amended criminal complaint filed Thursday afternoon.
Hackers allegedly targeted 15 financial institutions, including JPMorgan Chase & Co., Citigroup Inc. and E-Trade, as part of a nearly...

NEW YORK — Bank of America has been found liable for fraud in the sale of faulty loans by its Countrywide mortgage unit, a major victory for the federal government as it continues to pursue cases stemming from the financial crisis.
A federal jury in...

WASHINGTON — The nation's eight largest banks would have to meet tougher financial ratios than required under international standards as part of proposed rules designed to protect taxpayers from another financial crisis.
Under the plan, Bank of America...

WASHINGTON -- Sen. Elizabeth Warren has launched a campaign to make banks boring again as she pushes legislation to enact stricter regulations forcing deposit-taking financial institutions out of the investment business.
The Massachusetts Democrat...

WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate “cloak-and-dagger” methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets from U.S....

WASHINGTON — The Obama administration, taking the first regulatory step to accommodate the country's growing state-approved marijuana businesses, issued guidelines Friday designed to bring dispensaries into the banking system and end their risky...

WASHINGTON -- Atty. Gen. Eric H. Holder Jr. said Friday that no bank is "too big to indict" and that the Justice Department has more cases coming involving "significant financial institutions" as it continues to investigate Wall Street...

WASHINGTON — Atty. Gen. Eric H. Holder Jr., warning that no bank is "too big to indict," said the Justice Department will be bringing more cases involving "significant financial institutions" as it continues to investigate Wall...